⸺ Obituary · September 16, 2016 ⸺

“Cryptocurrencies Are Dead”

Medium

Price at death

$606

Today

$61,577

Resurrection

×102

On 2016-09-16, Medium declared Bitcoin dead. Bitcoin was trading at ~$606 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on September 16, 2016, when one Bitcoin traded for approximately $606. Since then, Bitcoin has appreciated by 102× relative to the price on the day Medium pronounced it finished.

Read the original →

← Earlier death

“How Bitcoin Was Brought Down By Its Own Potential—And The Banks”

Later death →

“Is Bitcoin Doomed?”

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